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Old Posted Mar 12, 2018, 6:49 PM
Winnipegger Winnipegger is online now
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Join Date: May 2007
Location: Winnipeg
Posts: 328
Quote:
Originally Posted by rrskylar View Post
Oh great, more misguided policy!
Hardly. A pigouvian tax on gasoline to partly offset the negative externalities of climate change is far from misguided. The demand for gas is relatively inelastic, so consumers will suck it up and pay anyways. It might reduce some consumption on the margin, but on the whole it will provide an extra source of revenue to fund initiatives that try to minimize the negative impact of climate change we're all going to feel in 100 years or so.

Of course more tax is never a fun thing, but paying for future damages is only fair.

Last edited by Winnipegger; Mar 12, 2018 at 7:20 PM.
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